[ Square ... Reviews ](https://www.g2.com/products/square-payments/reviews) [ Square ... Reviews ](https://www.g2.com/products/square-payments/reviews) # Square Payments Features ##### ## Payment Options (11) Coupons, Discounts, Promotions, and Gift Cards Ability to accept coupons, discounts, promotions, and gift cards. Recurring Billing Ability to charge customers on a recurring basis for subscription-based purchases Instant Payment Customer data is securely stored so there is no need to repeatedly enter data for multiple purchases Accepted Credit Cards and Debit Cards Ability to accept different types of credit and debit cards ACH Payments and eCheck Processing Ability to accept and process eChecks and ACH payments as a form of payment Split Payments Ability to split payments between merchant and sellers Real-Time Payments Supports real time payments Multi-Currency Allows users to process payments in multiple currencies. Online payment portal Provides an online portal where customers can make payments. Multi-Currency Allows users to process payments in multiple currencies. Online payment portal Provides an online portal where customers can make payments. Show More ##### ## Administration (15) Reporting/Dashboards Access pre-built and custom reports and dashboards. User, Role, and Access Management Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. Payout Time Turnaround time for money to be transferred to the merchant's bank account Manual Payment Entry Web form that the merchant can use to enter credit card payments manually (from over the phone, mail, etc) and issue returns or void previous transactions Dispute Resolution The process for handling chargebacks and disputes with the payment gateway. Omnichannel Process payments from multiple channels such as ACH, mobile, or e-commerce. Levels 1 & 2 Supports levels 1 and 2 for credit card payment processing. Level 3 Supports level 3 credit card processing which requires additional data for qualification. Reporting & Analytics Reports and analytics created from payment data. E-commerce Integration The ability to integrate directly with an e-commerce platform in order to create a seamless checkout experience. Processing Fees Fees associated with processing individual transactions that may be based on a percentage of the purchase or a flat rate. POS Integration The ability to integrate with a POS system in order to allow the processing of credit card or mobile payments in a store setting. Omnichannel Process payments from multiple channels such as ACH, mobile, or e-commerce. Levels 1 & 2 Supports levels 1 and 2 for credit card payment processing. Level 3 Supports level 3 credit card processing which requires additional data for qualification. Show More ##### ## Security (6) PCI Compliance Ensures that the service is building and maintaining a secure network; protecting cardholder data; maintaining a vulnerability management program; implementing strong access control measures; regularly monitoring and testing networks; and maintaining an information security policy Fraud Protection Tools Fraud protection filters such as high risk countries, email service provider risk, high risk BIN, account number velocity, high item number, shipping/billing mismatch, AVS failure, CSC failure, and others Data Tokenization Sensitive data (personal info, CC info, etc) is replaced with non-sensitive equivalent, aka a Token. The tokens act as a reference that maps back to the sensitive data through a tokenization system. Two-Factor Authentication An additional layer of security to prevent fraudulent activity (such as creating an account and verifying an email address and cell phone number) POS Verification Support cardholder verification methods for POS transactions. POS Verification Support cardholder verification methods for POS transactions. Show More ##### ## Development (4) Customization (Fields, Objects, and Layouts) Allows developers to customize payment form to accommodate their unique processes. APIs Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. Accounting Software Integration Provides standard integration with merchant's accounting software E-Commerce Software Integration Provides standard integration with merchant's e-commerce software Show More ##### ## Platform (10) Performance and Reliability Payment gateway is consistently available (up-time) and allows users to complete tasks quickly because they are not waiting for the gateway to respond to an action they took. System scales with load. Internationalization - Currency/Language The gateway supports multiple currencies and languages to enable business from customers in multiple countries Internationalization - Operating Country The payment gateway is supported in the country in which the merchant operates API / Integrations Application Programming Interface—Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc. with other software applications. PCI Regulation Compliance Complies with payment card industry (PCI) regulations Supplemental Technology Supports EMV chip card and Near Field Communications (NFC) technologies Accounting integration Provide integration with accounting software and ERP systems. E-commerce Integration Provide integration with B2B and B2C e-commerce platforms Accounting integration Provide integration with accounting software and ERP systems. E-commerce Integration Provide integration with B2B and B2C e-commerce platforms Show More ##### ## Payment Processing (4) Encryption Built-in security to protect payment information in order to prevent fraud and hacking. Credit Card Processing The ability to process credit card payments and receive approval or denial of funds from the customer's bank. Mobile Payments The ability to process mobile payments from a mobile wallet or other mobile phone payment app. Digital Wallet Integration The ability to process payments from a digital wallet service or other digital payment method. Show More ##### ## Platform Basics (2) Performance Performs and secures payments efficiently on both the user and the consumer ends Portal Contains a portal to facilitate contractor access to payments Show More ##### ## Platform Administration (3) Integrations Integrates with third-party HR software, such as systems for payroll, time & attendance, or core HR. Compliance Maintains compliance with payroll regulations. Reporting Provides analytics tools that reveal payment metrics of contractors over time Show More ##### ## Platform Payment Content (3) Document management Manages necessary information of contractors for ease of visibiltiy and access. Invoicing Tool Generates invoices from HR departments for managing freelance, contract, and extended workforce. Wage access Gives employees the ability to view, manage, and withdraw earned wages before payday. Show More ##### ## Agentic AI - Payment Gateways (3) Autonomous Task Execution Capability to perform complex tasks without constant human input Cross-system Integration Works across multiple software systems or databases Decision Making Makes informed choices based on available data and objectives Show More [ ![Chargent](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_7296628570c9a97b5bbb0a55b4108ca5/chargent.png "Chargent") Sponsored Chargent 4.5/5 (59) Visit Website ](javascript:void(0)) ## Top-Rated Alternatives [ ![PayPal Payments](https://images.g2crowd.com/uploads/product/hd_favicon/6257a9c028b45bdc1f1ca9725d6e214c/paypal.png "PayPal Payments") PayPal Payments 4.4/5 (2,690) ](https://www.g2.com/products/paypal/reviews) [ ![GoCardless](https://images.g2crowd.com/uploads/product/hd_favicon/f389918c425e74c0dc830a65b379d521/gocardless.svg "GoCardless") GoCardless 4.6/5 (311) ](https://www.g2.com/products/gocardless/reviews) [ ![Adyen Payments](https://images.g2crowd.com/uploads/product/hd_favicon/119fc41a96a94a828967144f60833c58/adyen-payments.svg "Adyen Payments") Adyen Payments 4/5 (39) ](https://www.g2.com/products/adyen-payments/reviews) [ View All Alternatives ](https://www.g2.com/products/square-payments/competitors/alternatives) ## Technology Glossary Features View full feature definition View definitions of the features and discover new technology terms. [View Glossary](/glossary) [PCI Compliance](/glossary/pci-compliance-definition) Payment card industry (PCI) compliance plays a crucial role in data security. Learn more about PCI compliance, how it helps businesses keep credit card data secure, and helpful information on PCI compliance benefits and best practices. [Online Payment](/glossary/online-payment-definition) Online payments are the exchange of monetary funds between buyers and sellers via the internet. This software feature helps perform a majority of purchases and sales conducted on the internet. [Dispute Resolution](/glossary/dispute-resolution) Dispute resolution resolves conflicts using negotiation, mediation, arbitration, or litigation for faster, cost-effective, and flexible outcomes. 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